Satori Inc

Analysis

Satori Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 1989, 37 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Satori Inc reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.3m to $1.9m (-16%), an average of -5.8% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Satori Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include Crime Victims Council of Lehigh Valley Inc ($1.9m), Team Central Gymnastic Academy Inc ($1.9m) and Interior Weatherization Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $53k (2.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $3.5m against liabilities of $1.3m, net assets of $2.1m. It reported 48 employees.